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New Home Consents in Auckland Reach 15-Year High

New Home Consents in Auckland Reach 15-Year High


In Auckland, 1,530 new homes were consented in May 2018, the highest number since October 2002, Stats NZ said today.

“Auckland consented more new homes in May 2018 than in any other month in over 15 years,” construction statistics manager Melissa McKenzie said. “Almost half the new homes were stand-alone houses, with apartments and townhouses driving growth in recent months.”

In Auckland, 710 new stand-alone houses, 419 apartments, 258 townhouses, flats, and units, and 143 retirement village units were consented in May 2018.

The October 2002 peak of 1,945 new homes consented in Auckland came mainly from 1,206 apartments.

Auckland boosted the national total to 3,407 new homes consented – the highest monthly number since 3,447 were consented across the country in June 2004.

The total number of new homes consented in New Zealand rose a seasonally adjusted 7.1 percent in May 2018, following a 3.6 percent fall in April 2018. For houses only, the seasonally adjusted number rose 6.5 percent.

Nationally, in the year ended May 2018, 32,628 new homes were consented – up 6.5 percent from the May 2017 year. In Auckland, 12,274 new homes were consented – up 18 percent from the year ended May 2017.


Video

View our Building consents issued: May 2018 video.


For more information about these statistics:

• Visit Building consents issued: May 2018

• See CSV files for download


ENDS


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